Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such change.
Appears in 4 contracts
Sources: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)
Hedging. Seller has entered into Interest Rate Protection Agreements or other arrangements with respect to the Conforming Purchased Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In consistent with the event that Seller intends to make any change to its policy regarding terms of Seller’s hedging program and has notified Administrative Agent of the terms of such Interest Rate Protection Agreements, Seller shall notify Buyer Agreements or other arrangements in writing 30 days prior to implementing any such changewriting.
Appears in 4 contracts
Sources: Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.), Master Repurchase Agreement (loanDepot, Inc.)
Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Alt A Mortgage Loans, Jumbo Mortgage Loans and Conforming Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such change.
Appears in 3 contracts
Sources: Master Repurchase Agreement (New York Mortgage Trust Inc), Master Repurchase Agreement (Standard Pacific Corp /De/), Master Repurchase Agreement (United Financial Mortgage Corp)
Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in consistent with its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such changehedging policy.
Appears in 3 contracts
Sources: Master Repurchase Agreement (DITECH HOLDING Corp), Master Repurchase Agreement (Walter Investment Management Corp), Master Repurchase Agreement (Walter Investment Management Corp)
Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loansor other arrangements, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In consistent with the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such changeterms of Seller’s hedging program.
Appears in 3 contracts
Sources: Master Repurchase Agreement and Securities Contract (Home Point Capital Inc.), Master Repurchase Agreement and Securities Contract (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.)
Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer Administrative Agent in its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer Administrative Agent in writing 30 thirty (30) days prior to implementing any such change.
Appears in 2 contracts
Sources: Master Repurchase Agreement (PennyMac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.)
Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loans, having terms with respect to protection against fluctuations in interest rates consistent with its hedging policy which policy shall be acceptable to Buyer in its sole discretion. In the event that Seller intends to make any change to its hedging policy regarding as it relates to Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such change.
Appears in 2 contracts
Sources: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Purchased Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such change.
Appears in 2 contracts
Sources: Master Repurchase Agreement (Five Oaks Investment Corp.), Master Repurchase Agreement (Tree.com, Inc.)
Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Purchased Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such change.
Appears in 2 contracts
Sources: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)
Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Alt-A Mortgage Loans, Jumbo Mortgage Loans and Conforming Mortgage Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer in its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such change.
Appears in 1 contract
Sources: Master Repurchase Agreement (Chimera Investment Corp)
Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Mortgage Loans, FHA Loans and VA Loans, having terms with respect to protection against fluctuations in interest rates acceptable to Buyer Buyers or Administrative Agent in its their sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such change.
Appears in 1 contract
Sources: Master Repurchase Agreement (Caliber Home Loans, Inc.)
Hedging. Seller has entered into Interest Rate Protection Agreements with respect to the Conforming Purchased Mortgage Loans, having terms with respect to protection against fluctuations in interest rates which are now, and in the future shall remain, acceptable to Buyer in its sole discretion. In the event that Seller intends to make any change to its policy regarding Interest Rate Protection Agreements, Seller shall notify Buyer in writing 30 days prior to implementing any such changeAdministrative Agent.
Appears in 1 contract